US freight forwarder Expeditors has reported an 18% jump in nine-month revenues, pushing up net earnings 36%, despite carriers looking to take advantage of tight capacity.
Overall revenue hit $5.9bn for the nine months to September, generating earnings just shy of $439m, with chief executive Jeffrey Musser singling out the third quarter performance.
“We generated record third-quarter profitability, with the highest net revenue and operating income in our history,” Mr Musser.
“[This resulted...
https://theloadstar.co.uk/record-q3-boosts-expeditors-earnings-air-freight-business-breadwinner/